Maxwell Communications Corporation has after-tax earnings of $1,508,000 after paying $45,000 in dividends to its...
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Maxwell Communications Corporation has after-tax earnings of $1,508,000 after paying $45,000 in dividends to its 10,000 preferred stockholders. If Maxwell has 500,000 common stockholders, its earnings per share are Rupert purchased 100 shares of Clarke Corporation for $28 a share last year. Clarke Corporation stock currently sells for $30 a share and pays $0.90 a share annually in cash dividends. What is the dividend yield on this stock? MAX Corporation stock is currently selling for $38 a share, and it pays a quarterly dividend of $0.25. What is the dividend yield on MAX Corporation? Assuming a market rate risk of 8 percent and a return on Treasury bills of 4 percent, what would the total estimate of the required rate of return be for a stock with a beta of 1.7
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